Ventas, Inc. (NYSE:VTR) CFO Sells $11,001,264.48 in Stock

Ventas, Inc. (NYSE:VTR - Get Free Report) CFO Robert F. Probst sold 168,318 shares of the stock in a transaction on Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the sale, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,004,271.04. This represents a 49.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Ventas Price Performance

VTR stock traded up $0.43 during midday trading on Friday, reaching $65.80. The company had a trading volume of 2,416,660 shares, compared to its average volume of 2,920,868. The firm has a 50-day moving average price of $63.83 and a 200-day moving average price of $64.37. The company has a market capitalization of $29.70 billion, a P/E ratio of 199.39, a P/E/G ratio of 2.35 and a beta of 0.87. Ventas, Inc. has a 1 year low of $52.79 and a 1 year high of $71.36. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.32 and a quick ratio of 0.32.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.02. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. Ventas had a net margin of 2.80% and a return on equity of 1.36%. The firm's revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.78 EPS. On average, research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Monday, June 30th were issued a dividend of $0.48 per share. The ex-dividend date was Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.92%. Ventas's dividend payout ratio is 581.82%.

Institutional Trading of Ventas

A number of hedge funds have recently bought and sold shares of VTR. Raymond James Financial Inc. bought a new stake in shares of Ventas in the 4th quarter worth approximately $9,573,000. Sequoia Financial Advisors LLC raised its position in Ventas by 14.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 5,166 shares of the real estate investment trust's stock worth $304,000 after purchasing an additional 661 shares during the period. Natixis Advisors LLC lifted its stake in Ventas by 49.4% in the fourth quarter. Natixis Advisors LLC now owns 201,422 shares of the real estate investment trust's stock worth $11,862,000 after purchasing an additional 66,619 shares during the last quarter. Cibc World Markets Corp lifted its stake in Ventas by 14.2% in the fourth quarter. Cibc World Markets Corp now owns 188,063 shares of the real estate investment trust's stock worth $11,075,000 after purchasing an additional 23,332 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in Ventas by 2.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 60,079 shares of the real estate investment trust's stock valued at $3,538,000 after buying an additional 1,673 shares during the period. Institutional investors own 94.18% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VTR shares. Scotiabank lifted their target price on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a report on Monday, June 23rd. Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Royal Bank Of Canada increased their target price on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. raised shares of Ventas from a "neutral" rating to an "overweight" rating and raised their price target for the company from $70.00 to $72.00 in a report on Monday, June 23rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $72.90.

Ventas Company Profile

Ventas Inc NYSE: VTR is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.